Binance tops list of 17 crypto entities probed for tax evasion in India

Binance accounted for the highest Goods and Service Tax evasion among registered cryptocurrency exchanges in India, according to the Indian Finance Ministry. Responding to a parliamentary question regarding tax compliance…

Arbitrum One as the first layer-2 to reached $20 bilion in TVL

Arbitrum, a cryptocurrency network, has announced on its official account that its layer-2 platform has reached $20 billion in total value locked (TVL). Arbitrum on X’s post on Dec. 03 claimed that…

Phantom is safe from Solana Web3.js vulnerability; users are advised to upgrade soon

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js. Phantom, a wallet provider running on the Solana (SOL) blockchain, confirmed…

Celcius founder plead guilty due to fraud charges

Celcius, a global crypto and Bitcoin mining company has faced a fraud case since last year. Now, the founder pleaded guilty and agreed to be jailed for 30 years. Alex…

Grayscale proposed Solana ETF to the commission: filings

Solana ETF is gaining more support to be released in the United States after Grayscale, following others’ moves to be proposed to the commission. Grayscale Investments, one of the biggest…

‘Bitcoin Jesus’ Roger Ver fights indictment and accuses U.S. government of overreach

Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales. Roger Ver, who was arrested in Barcelona in April 2024, has…

Foundry slashes workforce to focus on core BTC mining operations

Foundry, the largest Bitcoin mining pool globally, has laid off approximately 27% of its workforce.  The layoffs primarily impact the ASIC repair and hardware teams, while core operations, including the…

Bitcoin advocate hints at ‘strategic reserve’ laws in 10 US states

Satoshi Act Fund founder Dennis Porter announced that several U.S. states are preparing to propose legislation for sovereign Bitcoin reserves. In an attempt to front-run President Donald Trump’s Bitcoin (BTC)…

Reserve Rights token RSR jumps 136% amid SEC chair news

Reserve Rights token RSR has surged 136% in the past 24 hours, leading the top 100 cryptocurrencies by market cap as its price reached $0.02518, the highest level since early…

Bitcoin exchange holdings decline to multi-year low: report

Bitcoin reserves on centralized crypto exchanges like Binance and Coinbase have dropped to their lowest levels in years, reinforcing bullish crypto sentiment. CryptoQuant data confirmed that investors have withdrawn over…